Aloha from Princeville Kauai!
This was one busy week, particularly for condos with 5 new listing, 2 escrows and a total of 9 closings – possibly the highest number of Princeville condo closings I’ve seen since I’ve been doing this blog! Condos are hot, hot, hot and will probably get only hotter as we head through the summer. Take a look:
NEW LISTINGS
607669 CND A 4 $654,900 4-5-4-5-24-78 FS NIHILANI #26C 1,972 sqft 3 3.00
607615 CND A 4 $655,000 4-5-4-5-24-95 FS NIHILANI #32B 1,406 sqft 2 2.00
607717 CND A 3 $1,299,000 4-5-4-12-11-2 FS Puu Poa #102 1,352 sqft 2 2.00
607565 CND A 5 $1,299,000 4-5-4-12-11-14 FS PUU POA #114 2,079 sqft 2 2.00
607534 CND S 0 $595,000 4-5-4-5-24-52 FS NIHILANI #18A 1,406 sqft 2 2.00
SOLD 6/7/2017 for $560,000 (CNV) DOM 0
Back on the Market
606173 CND A 50 $1,349,000 4-5-4-12-11-29 FS PUU POA #301 1,734 sqft 2 2.00
Contingent Sales
298684 CND C 292 $429,500 4-5-4-5-18-84 FS 3880 WYLLIE RD 1,298 sqft 2 2.00
606789 CND C 8 $449,000 4-5-4-12-2-8 FS HALE MOI #108 1,033 sqft 2 2.00
Sales
604806 CND S 5 $375,000 4-5-4-5-3-19 FS PANIOLO #204 1,058 sqft 1 2.00
SOLD 5/19/2017 for $375,000 (CNV) DOM 5
602464 CND S 83 $389,000 4-5-4-5-27-5 FS HALE HONU #3A 1,085 sqft 3 1.01
SOLD 6/5/2017 for $359,000 (CNV) DOM 83
603043 CND S 23 $395,000 4-5-4-12-2-5 FS HALE MOI #105 1,033 sqft 1 2.00
SOLD 6/5/2017 for $401,808 (CNV) DOM 23
604630 CND S 1 $439,000 4-5-4-15-21-68 FS SANDPIPER #231 1,173 sqft 2 2.01
SOLD 6/6/2017 for $430,000 (CASH) DOM 1
604428 CND S 26 $535,000 4-5-4-5-18-41 FS PUAMANA #12A 1,532 sqft 2 2.00
SOLD 6/7/2017 for $535,000 (CNV) DOM 26
602355 CND S 40 $539,000 4-5-4-11-3-119 FS HANALEI BAY RESORT #T33 867 sqft 1 2.00
SOLD 6/9/2017 for $525,000 (PMM) DOM 40
607534 CND S 0 $595,000 4-5-4-5-24-52 FS NIHILANI #18A 1,406 sqft 2 2.00
SOLD 6/7/2017 for $560,000 (CNV) DOM 0
603450 CND S 74 $599,000 4-5-4-5-24-65 FS NIHILANI #22B 1,567 sqft 2 2.01
SOLD 6/5/2017 for $595,000 (CASH) DOM 74
295778 CND S 306 $1,299,000 4-5-4-12-5-23 FS Pali Ke Kua #205C 1,127 sqft 2 2.00
SOLD 6/1/2017 for $1,100,000 (CNV) DOM 306
Under Contract
296922 CND U 140 $549,000 4-5-4-5-16-12 FS Alii Kai #2104 1,085 sqft 2 2.00
Price Changes
604494 CND A 102 $349,000- 4-5-4-5-27-9 FS HALE HONU #5A 866 sqft 2 1.00
This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.
New Listings:
Bank owned Nihilani 26C, the largest model in the complex, is available at $654,900. The seller purchased this unit from the developer in 12/06 for $864,610. Also listed in Nihilani is unit 32B, which just sold on 4/17 for $589K and is already back on the market with a new price of $655K.
Puu Poa 102 returns to the market priced at $1.299M. Purchased in 7/13 for $920K, this unit was listed before from 11/16 to 5/17 for $1.299M. Puu Poa 114 also returned to the market with a price of $1.299M. Purchased for $870K in 9/12, this ground floor unit was listed before from 10/13 to 10/14, starting at $1.250M and reducing to $1.199M, from 12/14 to 3/15 for $1.265K, reducing to $1.145M, from 5/15 to 10/15 for $1.110M, again from 2/16 to 9/16 for $1.1M and most recently from 3/17 to 5/17 for $1.1M.
Nihilani 18A came on the market showing as sold for $595K so you’ll also see it under sales. The prior sale was for $330K in 5/12.
Back on the Market:
Puu Poa 301 went into escrow on 5/9 but fell out and is back on the market priced at $1.349M.
Contingent:
After 290 days, Puamana 23C is in escrow while priced at $429,500. The last sale was for $65K in 8/99 for a leasehold property which converted to fee simple in 8/00 for $35,700. Hale Moi 108 took only 7 days to go into escrow priced at $449K. It sold for $220K in 1/11.
Sales:
Priced at $375K, Paniolo 204 sold for exactly that. The seller bought the unit for $212K in 11/09. Hale Honu 3A sold for $359K while priced at $389K. The condo was purchased previously in 1/02 for $145K.
Hale Moi 105 sold for over asking at the unusual price of $401,808 while listed for $395K. The prior sale had been for $75K as a leasehold property in 12/88, converting to fee simple in 8/04 for $45K. Sandpiper 231 found a buyer at $430K while listed for $439K. The prior purchase was in 4/12 for $228K.
Puamana 12A sold for $460K in 2/16 and closed this week for full asking of $595K. Hanalei Bay Resort T33 sold for $525K while priced at $539K. This unit was purchased in 6/03 for $379,367. Pali Ke Kua 205 was priced at $1.299M. It sold for $1.1M. The seller bought this unit in 6/98 for $345K.
As noted above, Nihilani 18A came on the market showing as sold. Nihilani 22B was offered at $599K and sold very close to asking at $595K cash. The last sale was from the developer in 11/06 for $680,300.
Under Contract:
Alii Kai 2104 moved from contingent to under contract and should be closing soon. It is priced at $549K.
Price Changes:
Hale Honu 5A made a price reduction to $349K from $359K. The previous sale was in 2/14 for $252K. Now on to your Princeville single family home update
NEW LISTINGS
607695 RES A 4 $888,000 4-5-4-18-54 FS 4537 EMMALANI DR 10,603 sqft 1,632 sqft 3 2.00
607784 RES A 1 $1,379,000 4-5-4-18-14 FS 4170 KALANI PL 11,547 sqft 2,595 sqft 3 3.00
Sales
602679 RES S 118 $784,900 4-5-4-21-32 FS 4856 Pepelani Loop 10,841 sqft 1,544 sqft 3 2.00
SOLD 6/6/2017 for $755,000 (CNV) DOM 118
603565 RES S 347 $799,900 4-5-4-20-20 FS 5109 IOLANI PL 9,719 sqft 2,217 sqft 4 3.00
SOLD 6/8/2017 for $765,000 (CNV) DOM 347
296209 RES S 201 $1,350,000 4-5-4-18-11 FS 4183 Mahina Pl 12,636 sqft 2,100 sqft 3 3.00
SOLD 6/9/2017 for $1,262,500 (1031) DOM 201
Under Contract
600891 RES U 180 $1,699,000 4-5-4-13-27 FS 3581 KAWEONUI RD 10,400 sqft 3,397 sqft 4 4.01
Price Changes
605543 RES A 67 $1,375,000- 4-5-4-9-50 FS 5295 POKII LN 10,831 sqft 2,428 sqft 3 3.01
604506 RES A 94 $1,385,000- 4-5-4-22-16 FS 4036 KAIKIOEWA PL 12,434 sqft 3,474 sqft 4 4.01
This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.
New Listings:
4537 Emmalani sold as land in 6/93 for $165K. The home was built in 95 and came on the market for $888K. It was listed before from 9/14 to 4/15 starting at $965K and reducing to $945K.
4170 Kalani Place is newly listed for $1.379M. The seller paid $1.2M in 10/05 for this home.
Sales:
4856 Pepelani has a new owner at $755K. The asking price was $784,900 and the previous sale was in 9/95 for $225K.
5109 Iolani sold for $766K while on the market for $799,900. It sold before for $895K in 10/05.
4183 Mahina Place sold for $1,262,500 while on the market for $1.350M. The sale before this was in 6/06 for $1.6M.
Under Contract:
3581 Kaweonui, priced at $1.699M, moved to under contract from contingent.
Price Changes:
5295 Pokii Lane is on the market for $1.375M, down from $1.499M. The seller paid $600K in 1/16 then gutted the house and added on to it. 4026 Kaikioewa Place reduced by $10K. The home sold for $1.070M in 3/15 and is listed for $1.385M.
Whew! That was a lot of activity for one week. It pushed the number of sales so far for this month to 42 as we strive to meet or exceed the 99 from last June. I’d say at this rate, there’s no doubt the market will accomplish the goal.
If you’re looking to buy or sell, text or email me for the facts before making a move. Put my experience to work for you. And don’t forget, next Sunday if Father’s Day.
Until then, enjoy your Paradise, wherever it may be.
Aloha from Princeville Kauai, Elaine
Sunset colors through the trees.
Elaine Schaefer (B) REALTOR
CRS, GRI, ABR, SFR, SRS
Broker in Charge – Princeville Resort Office
Top Producer 100% Club
RE/MAX Kauai
POB 223609
Princeville, HI 96722
Cell: 808 639 2935
soldonkauai@gmail.com
Blog: Activerain.com/blogs/soldonkauai
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